SVI listed manufacturer (SET:SVI)
SVI Public Company Limited (SET:SVI) is a SET-listed Thai EMS (electronics manufacturing services) specialist focused on industrial, medical, automotive, and high-mix-low-volume customer segments. FY2024 revenue ~THB 25B. Operates manufacturing facilities in Bangkok and Pathum Thani. Competes with Cal-Comp (SET:CCET), Hana Microelectronics (SET:HANA), and KCE Electronics (SET:KCE) in Thai EMS tier.
Profile overview
SVI Public Company Limited (SET:SVI) is a SET-listed Thai EMS (electronics manufacturing services) specialist focused on industrial, medical, automotive, and high-mix-low-volume customer segments. FY2024 revenue ~THB 25B. Operates manufacturing facilities in Bangkok and Pathum Thani. Competes with Cal-Comp (SET:CCET), Hana Microelectronics (SET:HANA), and KCE Electronics (SET:KCE) in Thai EMS tier.
Business segments
Industrial
Industrial Electronics Assembly
Largest revenue segment: PCBA and box-build assembly for industrial-automation, power-control, and instrumentation OEMs. Higher-mix, lower-volume programs with 4-6% gross margins versus mass-consumer EMS peers. Bangkok and Pathum Thani sites serve European and US industrial customers.
Medical
Medical Devices
Growing medical-device PCBA segment covering diagnostics, monitoring equipment, and surgical-device electronics. ISO 13485 certified. Medical revenue approximately $0.116-5B in FY2024; premium-margin segment underpinning SVI's strategic differentiation versus commodity EMS competitors.
Automotive
Automotive Electronics
Automotive PCBA production for Thai-based Japanese OEM Tier-1 suppliers. Automotive segment approximately 20% of revenue. IATF 16949 certified; positioned to capture EV-module electronics growth from Thailand's EV manufacturing expansion.
SVI vs Thai EMS peers — segment positioning
| Company | Ticker | FY2024 revenue | Net margin est. |
|---|---|---|---|
| SVI | SET:SVI | ~ $724.6M | ~3-4% |
| Cal-Comp Thailand | SET:CCET | ~ $1.8B | ~1-2% |
| Hana Microelectronics | SET:HANA | ~ $579.7M | ~5-6% |
| Stars Microelectronics | SET:SMT | ~ $202.9M | ~4-5% |
Watchpoints 2025-2026
Medical Growth
Medical Device Expansion
FDA 510k and EU MDR compliance requirements are raising entry barriers in medical electronics, benefiting ISO 13485 certified players like SVI over low-cost commodity EMS. SVI targets medical to reach 25% of revenue by 2026.
EV Opportunity
EV Module Electronics
Thailand's BYD, MG, and Great Wall Motor EV factories create incremental demand for EV-module PCBA and battery-management electronics. SVI's IATF 16949 certification positions it for Tier-2 EV electronics supply contracts.
Related Market profiles
Peers, parents, partners, agencies, and other Electronics Manufacturing actors.
Competitor
Cal-Comp Thailand (SET:CCET)
SET-listed Thai EMS / contract manufacturer; SET:CCET; Taiwanese-affiliated; Phetchaburi facility serving global OEMs.
Open Market profile →
Competitor
Hana Microelectronics
Listed Thai EMS, IC packaging, PMIC, RFID; Thailand, Cambodia plants; FY2024 revenue ~ $724.6M.
Open Market profile →
Competitor
Cal-Comp Electronics (Thailand)
Kinpo Taiwan-parent listed EMS; printers, networking, IoT, PC OEM; FY2024 revenue ~ $1.88B.
Open Market profile →
Reports featuring this profile
Related Market profiles
competitor
Cal-Comp Thailand (SET:CCET)
SET-listed Thai EMS / contract manufacturer; SET:CCET; Taiwanese-affiliated; Phetchaburi facility serving global OEMs.
competitor
Hana Microelectronics
Listed Thai EMS, IC packaging, PMIC, RFID; Thailand, Cambodia plants; FY2024 revenue ~THB 25B.
competitor
Cal-Comp Electronics (Thailand)
Kinpo Taiwan-parent listed EMS; printers, networking, IoT, PC OEM; FY2024 revenue ~THB 65B.